US EditionMorocco’s Trade Deficit at 5-Year High in May 2025
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Morocco's trade deficit increased by 15.1% year-on-year, reaching 133 billion dirhams (about 12.31 billion euros) at the end of May 2025, compared with 115 MMDHs (about 10.86 billion euros) a year earlier, according to the latest statistics published by the Exchange Office. This deterioration in the trade balance is mainly explained by the fact that the...
Morocco’s Trade Deficit at 5-Year High in May 2025
Morocco’s trade deficit surged to its highest level in five years during the first five months of 2025, according to new data from the Office d’Echange (OE), the national trade authority. The deficit widened by 15% year-over-year, reaching MAD 133.07 billion (USD 14.8 billion). The worsening gap is driven by a steep 7.4% increase in imports, which totaled MAD 331.69 billion (USD 36.9 billion) by the end of May. In contrast, exports rose by just …
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